Tropical Battery says it will be coming to the equities market to raise $1.8 billion to $2 billion during the period May 22 to June 6.
The investment will be used to fund its operations and expansion programmes.
The company plans to offer between 945.5 million and 1.12 billion ordinary shares to the public at $1.87 per share.
A total of 267.4 million of these shares will be reserved for key strategic investors at the same price of $1.87 per ordinary share.
The company's prospectus (offer document), dated May 5, was registered with the Financial Services Commission on May 8, in compliance with section 40 subsection 2 of the Companies Act.
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